DeFi News Daily Official TheBitTimes.com

BlackRock, the world’s largest investment firm, accelerated its cryptocurrency buying spree this week, splashing over $300 million on Bitcoin (BTC).  Data from October 20–24 show that the firm’s Bitcoin ETF, IBIT, attracted $324.3 million in net inflows, signaling strong institutional appetite for the leading cryptocurrency despite recent market volatility. According to Coinglass data, BlackRock’s inflows fluctuated but maintained a dominant upward trend. The week began with a net outflow of $100.7 million on October 20, coinciding with mild weakness in Bitcoin’s price.  However, investor sentiment quickly reversed as inflows surged to $210.9 million on October 21, marking a strong rebound that set the tone for the rest of the week.  Momentum continued with $73.6 million added on October 22 and a further $107.8 million on October 23, reflecting renewed institutional accumulation. By October 24, inflows slowed to a more modest $32.7 million. Bitcoin ET...

While Bitcoin (BTC) has had a volatile few days, institutional demand for the largest cryptocurrency continues to grow. BlackRock’s Bitcoin ETF (IBIT) in particular has once again made significant strides, continuing its long inflow streak and demonstrating its dominance in the sector. As reported by Senior ETF Analyst Eric Balchunas, the fund has seen approximately $5.175 billion in monthly inflows and now boasts $84.08 billion in assets under management. This makes IBIT the second-best exchange-traded fund (ETF) in terms of monthly inflows, surpassed only by Vanguard S&P 500 ETF (VOO). ETF inflows. Source: Eric Balchunas (@EricBalchunas) Can BlackRock become number one? While BlackRock’s performance is already remarkable, some investors believe it could gain even momentum, especially in light of the new regulatory shifts proposed by the U.S. Securities and Exchange Commission (SEC). Namely, on July 29, the SEC increased the maximum number of opti...

BlackRock, the world’s largest asset manager, added another $1.1 billion worth of Bitcoin to its balance sheet over the past week, buying every single day, according to fresh data from Arkham Intelligence reviewed by Finbold. BlackRock 1-week BTC purchases. Source: Arkham The firm now holds 669,523 BTC, valued at $71.68 billion as of June 14, with Bitcoin trading at $107,054. That puts BlackRock within striking distance of the 670,000 mark, a position so large that it now commands direct influence over market structure, ETF flows, and institutional sentiment. Arkham’s wallet visualisation shows steady, daily accumulation routed through a complex network of custodial wallets, suggesting automated purchase execution aligned with inflows to BlackRock’s iShares Bitcoin Trust (IBIT). BlackRock builds Bitcoin position The underlying message? BlackRock sees this not as a volatile asset but as strategic collateral. Bitcoin is being absorbed into long-horizon portfolios...